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Congestion is a large problem in metropolitan areas. This paper provides a theoretical and empirical framework that can analyze whether congestion on commuting affects residential and workplace choice in metropolitan areas. First, we develop a quantitative urban model with congestion, to...
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This study provides a method to measure the stringency of land use regulations with a focus on the divergence between building stories with and without height regulation. To identify this divergence, this study first provides a dynamic discrete choice model of housing floor space supply and...
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